IDC: 2018 a ‘Breakout Year’ for Internet of Things in Africa
The Internet of Things extends Internet connectivity beyond traditional devices like computers and smartphones to a diverse range of ‘things’ (such as security systems, thermostats, cars, electronic appliances, lighting systems etc.). These devices use embedded technology to communicate and interact with the external environment, all via the Internet.
Speaking at an IDC Directions 2018 event in Johannesburg this month, George Kalebaila, the International Data Corporation’s research director for telecoms and IoT in sub-Saharan Africa, said: “The foundation blocks are in place. In South Africa alone, the addressable market opportunity for IoT is expected to grow to $1.7 billion by 2021, but because the ecosystem is fragmented, so is that value. Where in the past connectivity held a large portion of this, most of the value now lies in services and platforms.”
Clients and vendors are reminded of the absolute importance of embedded analytics so that data-based results can lead to beneficial decision-making.
The International Data Corporation (IDC) is a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC is a Chinese owned company that offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries.